Yangzijiang Shipbuilding (SGX: BS6)
Yangzijiang Shipbuilding, or YZJ, is one of the largest non-state-owned shipbuilding companies in China. The group owns four shipyards in Jiangsu province and can produce a broad range of commercial vessels including large containerships, bulk carriers, and LNG carriers. The shipbuilder takes the crown as the blue-chip stock with the largest year-to-date (YTD) gain of 56.5% as its share price hit S$2.41. There are several reasons for this stellar...Time flies, and the end of 2024 draws near.
The Straits Times Index delivered a stunning performance year-to-date, logging a total return of 19.1% up till 7 November.
Along the way, many blue-chip stocks within the bellwether index also shot up and touched either their 52-week or all-time highs.
Amid the ebullient mood, we took stock of five of the best-performing blue-chip stocks up till 29 November 2024.
These stocks could have what it takes to enjoy continued prosperity and you may want to consider adding them to your buy watchlist.
